taztrader

My thoughts on BTC

EIGHTCAP:BTCUSD   Bitcoin
Some analysis on the Weekly for BTC.

Looks like it's at a premium pricing, it created a FVG and when you break it down to LTF like the 12h, 1D you really see some of the vertical price action into the premiums that just couldn't break 31k

Waiting to see this weekly close. Want to see it close toward the weekly high to be bullish or close toward the weekly low to be bearish. The FVG we got ends around 28k when you break it down and could be possible that we sweep that level, alts will bleed and then BTC can make its way possibly toward 31k+

Possible swing failure on the weekly too

Just cautious right now, as we go sideways just sitting back and mapping higher TF levels and scenarios
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